This statistic shows what percentage of construction projects used various cost contingency percentage ranges segregated by the size of the project, as of 2014. A cost contingency range of 5 to 10 percent was the most commonly utilized in construction projects of all sizes. 55 percent of projects estimated to cost less than 1 billion US dollars used a cost contingency range of 5 to 10%. High cost projects were more likely to use a greater range with 8 percent of those projects estimated to cost more than 5 billion US dollars applying a cost contingency percentage greater than 20 percent.
Range of contingency used in construction projects worldwide in 2014, by project size
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KPMG. (March 31, 2015). Range of contingency used in construction projects worldwide in 2014, by project size [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/526896/range-of-contingency-used-in-construction-projects-worldwide/
KPMG. "Range of contingency used in construction projects worldwide in 2014, by project size." Chart. March 31, 2015. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/526896/range-of-contingency-used-in-construction-projects-worldwide/
KPMG. (2015). Range of contingency used in construction projects worldwide in 2014, by project size. Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/526896/range-of-contingency-used-in-construction-projects-worldwide/
KPMG. "Range of Contingency Used in Construction Projects Worldwide in 2014, by Project Size." Statista, Statista Inc., 31 Mar 2015, https://www.statista.com/statistics/526896/range-of-contingency-used-in-construction-projects-worldwide/
KPMG, Range of contingency used in construction projects worldwide in 2014, by project size Statista, https://www.statista.com/statistics/526896/range-of-contingency-used-in-construction-projects-worldwide/ (last visited November 12, 2024)
Range of contingency used in construction projects worldwide in 2014, by project size [Graph], KPMG, March 31, 2015. [Online]. Available: https://www.statista.com/statistics/526896/range-of-contingency-used-in-construction-projects-worldwide/
